Saudi Ports log 21.14% growth in March container numbers
RIYADH : The Saudi Ports Authority (Mawani) has revealed that its trade hubs have recorded a 21.14% rise in container volumes last month, handling 693,523 TEUs as opposed
Global Container Market Forecaster – April 2023 : Container xChange
HAMBURG : The supply chain industryis hopeful of a better peak season this year and expects freight demand recovery in the Q2 of 2023, according to the recently
France and India have truly been friends, partners and vibrant democracies working for global good :
NEW DELHI : Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Shri Piyush Goyal said that France and India have truly been
Govt will work with logistics sector to drive trade numbers, address issues
NEW DELHI : The commerce ministry will work with the express delivery sector (EDS) to improve trade numbers and address the concerns of the industry, Mr.R S Subramanian,
Ashwani Nath appointed as CCO, DP World Logistics
DUBAI : DP World announced the appointment of Ashwani Nath as its Chief Commercial Officer for Logistics in the subcontinent. Nath will lead the commercial organisation and prioritise
Terminal handling fee hike at ICTT-Vallarpadam, worries Kochi’s exim trade
KOCHI : Come May, terminal handling charges at the International Container Transshipment Terminal (ICTT), Vallarpadam, are set to increase. The terminal operator, DP World, has effected a 7.27
MSC announces Indian Ocean Service network for transshipment trade
GENEVA : Mediterranean Shipping Co. (MSC) has further consolidated its Indian Ocean Service network with a new regional string out of Cochin Port. The weekly routing, branded as
COSCO Shipping Development sees fluctuating box market as sales, leasing revenue down
BEIJING : COSCO Shipping Development (CSD), the holding company for Dong Fang International Container, the world’s second-largest container manufacturer, said that net profit fell 35% year-on-year to US$568.57
Ocean Network Express launches ONE Eco Calculator to measure CO2 emissions
SINGAPORE : Ocean Network Express (ONE) has launched the ONE Eco Calculator, which will measure CO2 emissions from its vessels. The tool is one of the company’s first
Milaha launches shipping service to Iraq from GCC countries
BAGHDAD : Milaha recently introduced a new direct Upper Gulf Service (UGX) to transport cargo to Umm Qasr in southern Iraq, in order to provide and transfer materials